gaza - I have made several posts recently on other codes and in general that the Aust minerals and exploration scene is really over the top >700 Co listed, no increase in discoveries as a consequence and will they get purged in this downturn - unlikely unless it is >5 yrs - they will sit tight doing nothing until boom returns - mainly because it costs so much to list so once your there you try and stay and hey the ASX don't wont you to go - they want their fees etc - then of course there is the revolving directors that pop up regularly, get paid well, no discoveries, move on and then come back later - and of course the resume is outstanding 30 yrs in industry ( oh I forgot to say not found a brace razoo!!)
there that is my rant for the day!!
SER Price at posting:
2.9¢ Sentiment: None Disclosure: Held
